Cantor Fitzgerald Maintains Overweight on Impinj, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has maintained an Overweight rating on Impinj and raised its price target from $205 to $260, indicating a positive outlook for the company's stock.
October 24, 2024 | 5:59 pm
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Cantor Fitzgerald has maintained an Overweight rating on Impinj and increased the price target from $205 to $260, suggesting a positive short-term outlook for the stock.
The increase in price target from $205 to $260 by Cantor Fitzgerald, along with maintaining an Overweight rating, indicates strong confidence in Impinj's future performance. This is likely to positively influence investor sentiment and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100